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Bang Holdings (Bang Holdings) Accounts Receivable : $0.05 Mil (As of Jun. 2018)


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What is Bang Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bang Holdings's accounts receivables for the quarter that ended in Jun. 2018 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bang Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 67.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bang Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $-0.06.

Bang Holdings Accounts Receivable Historical Data

The historical data trend for Bang Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bang Holdings Accounts Receivable Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Accounts Receivable
- - - 0.10

Bang Holdings Quarterly Data
Sep14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.10 0.05 0.05

Bang Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Bang Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Bang Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.049/0.066*91
=67.75

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Bang Holdings's accounts receivable are only considered to be worth 75% of book value:

Bang Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.033+0.75 * 0.049+0.5 * 0-1.476
-0-0)/23.6266
=-0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Bang Holdings Accounts Receivable Related Terms

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Bang Holdings (Bang Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bang Holdings Corp (OTCPK:BXNG) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Website
http://www.bangdigitalmedia.com
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.